Skillsoft (SKIL) Soars 18.0%: Is Further Upside Left in the Stock?

Skillsoft Corp. (SKIL) shares rallied 18% in the last trading session to close at $18.01. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 23.1% gain over the past four weeks. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements ...